Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Shoppers click ‘buy’ as retailers slash prices ahead of Cyber Monday
(Reuters) - Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by th...
Nov 26, 2023
China’s Huawei, Changan Auto to form joint auto systems venture
BEIJING (Reuters) - Huawei has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive system...
Nov 26, 2023
US Black Friday sales rise 2.5% -Mastercard Spendingpulse
(Reuters) - Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation. In September, Mastercard S...
Nov 25, 2023
Beijing police launch investigation into troubled wealth manager Zhongzhi
SHANGHAI (Reuters) - Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoy...
Nov 25, 2023
Signa unit confirms bankruptcy filing in letter to employees – Wirtschaftswoche
FRANKFURT (Reuters) - Signa Real Estate Management confirmed its bankruptcy filing in a letter to employees on Friday evening, German magazine Wirtschaftswoche reported on Saturday, citing a copy of t...
Nov 25, 2023
Argentina’s Milei, IMF discuss fiscal adjustment plan, monetary program
(Reuters) - Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund (IMF), Kristalina Georgieva, regarding plans to adjust the country'...
Nov 24, 2023
X may lose up to $75 million by year-end on advertiser exodus – NYT
(Reuters) - Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New Yo...
Nov 24, 2023
S&P revises Bahrain’s outlook to ‘stable’ on fiscal deficit worries
(Reuters) - S&P Global Ratings on Friday revised Bahrain's outlook to "stable" from "positive", citing spending pressures that could push the country's fiscal deficit wider than the credit ratings age...
Nov 24, 2023
Nigeria Q3 growth steady at about 2.5% as oil sector contraction slows
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria's economy grew by 2.54% in the third quarter, largely steady from the 2.51% in the second quarter, data showed on Friday, as the oil sector contracted at a...
Nov 24, 2023
Nigeria to tighten policy to curb inflation, asks banks to boost capital
By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) - Nigeria's central bank will tighten its policy over the next two quarters to manage inflation, while directing banks to boost capital to su...
Nov 24, 2023
